The Bank of England has unveiled its new inflation strategy, with governor Mark Carney saying that the Bank will not raise interest rates until unemployment has...
Shares in Barclays fell sharply on Tuesday, as the bank announced a plan to help cover a £12.8 billion shortfall in capital. It will issue £5.68...
Forty-two per cent of bank customers are likely to switch providers when measures to make it simpler to switch are introduced in September, according to new...
The Royal Bank of Scotland (RBS) has been fined £5.6m by the banking regulator, after incorrectly reporting more than 44m transactions made with other banks and...
Some 2,436 City bankers received annual wages in excess of £870,000 in 2011, according to the European Banking Authority (EBA), as the row over excessive pay...
Tony Poulter, partner and global head of consulting at accountancy firm PricewaterhouseCoopers (PwC), has been named as senior independent director of the Green Investment Bank (GIB)...
The EU’s commissioner for climate change has urged three large development banks to stop investing in fossil fuels and to instead promote renewable energy in the...
UK banks fail to provide consistent and helpful support to couples with a joint account when their relationship ends, according to female finance website SavvyWoman. Sarah...
Big banks in the UK need to raise billions more in capital to cover their risks, according to the Prudential Regulation Authority (PRA). Five of the...
The parliamentary commission on banking standards’ latest report is a bit like reading the first part of The Lord of the Rings. There is incredibly dramatic and beautiful...
The threat of prison sentences would give bankers “pause for thought” in acting in a reckless, irresponsible and unsustainable manner, according to a major report by...
The Co-operative Bank has unveiled measures to overcome the £1.5 billion shortfall in its balance sheet, but has been urged not to surrender its ethical values...
Claire Bassham, head of global communications at responsible investment research firm EIRIS, reflects on a recent St Paul’s Institute and CCLA debate into the morals, ethics...
Paul Tucker, the Bank of England’s deputy governor for financial stability, has announced his intention to step down from his role later this year, having spent...
The market share of Britain’s biggest five banks dropped 5 percentage points in 2012, as 2.4 million customers closed their high street accounts in favour of...